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An Extended Breakdown of the Fed and Banks (Podcast)

Bloomberg Intelligence

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The Debt Ceiling Debt Crisis

In 1980, when total debt was one times GDP, it's just as bad as 5% now. Would it be better if rates were a little lower? Sure. But I don't think a couple of percentage points will make a big difference to something like Signature Bank or Silicon Valley Bank that ran into trouble for managerial errors.

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